DC 'climate-friendly' investments up 23% in last three years

Barnett Waddingham finds at-retirement sustainability ‘lags behind’ growth

Jasmine Urquhart
clock • 5 min read
Barnett Waddingham has found many DC providers have improved on their sustainability commitments, although 'at-retirement' plans have a way to go
Image:

Barnett Waddingham has found many DC providers have improved on their sustainability commitments, although 'at-retirement' plans have a way to go

The uptake of “climate-friendly” policies among defined contribution (DC) schemes has increased by 23% since 2021, according to research from Barnett Waddingham.

The consultancy's analysis of 22 DC default plans at 31 December 2023 found the majority (86%) of schemes have net-zero targets for 2050 or earlier, with 18% targeting 2040. Most schemes (81%) a...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Defined Contribution

DC master trust outcomes 'significantly improved' since 2022 gilt market volatility

DC master trust outcomes 'significantly improved' since 2022 gilt market volatility

Hymans says master trust members have benefited from ‘favourable’ market conditions

Holly Roach
clock 21 November 2024 • 2 min read
Major master trusts express concern over government's approach to DC consolidation

Major master trusts express concern over government's approach to DC consolidation

Smart Pension and SEI both raise concerns over chancellor’s plans and timelines

Jonathan Stapleton
clock 18 November 2024 • 5 min read
'Decisive action' needed to address £100,000 gender pensions gap

'Decisive action' needed to address £100,000 gender pensions gap

20th Scottish Widows ‘Women and Retirement report’ addresses progress on gender pensions gap

Jasmine Urquhart
clock 13 November 2024 • 4 min read
Trustpilot